Under the agreement, CI will acquire all of the outstanding shares of
Sentry and its subsidiary Sentry Investments Inc., for a total of $780
million payable in $230 million in cash and the balance in CI shares. The
transaction is expected to close on or about September 29, 2017, subject to
regulatory approvals.

CI’s CEO, Peter W. Anderson, said, “The combined company will enjoy greater
scale, which is key to being competitive in the investment industry today.”

Sentry currently has about $19 billion in assets under management, and
offers over 45 mutual funds and other investments. After the takeover,
Sentry will remain a stand-alone brand, using CI’s investment platform.

The transaction will increase CI’s assets under management by 16%, to about
$140 billion, from $120.4 billion at July 31, 2017. Total assets (assets
under management plus assets under advisement) will increase to about $180
billion.

* BMO ETF index and name changes.BMO Asset Management Inc.
announced changes to the names and underlying indices of its Equal Weight
ETFs.

Solactive AG, which currently provides indices for eight other BMO ETFs,
will be the new index provider for these ETFs as well. Debuting in 2007,
Solactive currently calculates indices for 350 clients in Europe, North
America, and Asia with approximately US$100 billion invested in products
linked to its indices.

Effective Sept. 15, the Equal Weight BMO ETFs will start tracking Solactive
indices as shown in the following table:

Given these index changes, BMO will also change the names of the ETFs to
follow suit.

In a release, BMO said the changes align with the current investment
objectives and strategies of the Equal Weight BMO ETFs and will aim to
provide investors with the same exposure to the asset class currently
represented in each ETF.

* Brompton shutters precious metals fund.Brompton Funds Limited
announced it will close its
Precious Metals Bullion Trust (TSX: PBU.UN) effective Oct. 12. In a release, Brompton said the fund is being terminated
because 1) the net asset value has declined to about $3.9 million,
resulting in the potential de-listing of units from the TSX; 2) an
increasing management expense ratio and reduced trading liquidity for
unitholders; and 3) limited growth opportunities due in part to regulatory
changes prohibiting the use of rights and warrants to increase assets.

The foregoing is for general information purposes only and is the opinion
of the writer. No guarantee of investment performance is made or implied.
It is not intended to provide specific personalized advice including,
without limitation, investment, financial, legal, accounting or tax advice.